Hicky's Woodworking Shop in Charlottesville, VA utilizes a Strategic Sourcing approach to consolidate purchasing power and negotiate favorable prices for commonly used supplies and services. Their goal is to balance flexibility and savings by focusing on a select number of contracts that best meet the University's overall needs.
With a focus on developing strong supplier relationships, Hicky's Woodworking Shop aims to ensure the highest level of service and innovation from their strategic vendors. By leveraging historical purchasing data, they negotiate the best pricing on frequently purchased items, enhancing customer service levels and demonstrating the value of their contracts to competitors.
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